The Vietnam Technological and Commercial Joint Stock Bank (Techcombank) has been named the strongest bank in Vietnam, following the recent rankings announced by Asian Banker earlier this month.
The ‘Strongest Bank’ award is calculated based on a bank’s financial situation and business performance in the Asia-Pacific region.
Simon Morris, the General Director of Techcombank, said that the award is clear evidence that highlights the level of trust that clients have for the bank.
It also recognises the bank’s steady growth, which will be a driving force for it to develop further, said Morris.
First established in 1996, Asian Banker is a leading financial commentator that evaluates and rates financial enterprises in Asia.
(Source: Vietnam Investment Review)